Tron (TRX) has been playing its card right recently. To remain relevant in the crypto space, a crypto project need to be up and doing. The Tron Foundation understands this very well, and they have been sounding the trumpet of the blockchain project so loud recently.

Tron (TRX) Surges By More Than 12 Percent after Justin Sun’s Announcements

Recently, the value of Tron (TRX) surged by over 12 percent in less than twenty-four hours. The sudden increase in the value of the coin came after the founder of Tron, Justin Sun, made a positive announcement on Twitter.

In the announcement, Sun said that the SRs of Tron (TRX) have achieved consensus and the TVM is about to launch. The Virtual Machine of Tron is a crucial milestone for the blockchain project. It will provide developers the opportunity to seamless develop Dapps on the network of Tron. It will also allow developers to read and execute smart contracts on the blockchain.

Justin Sun’s Tweet states:

“Based on community consensus, Tron (TRX) will be upgrading to Odyssey 3.1 at 8:00 PM SGT. The Tron Committee function and the Tron Virtual Machine will go live, marking the beginning of the Smart Contract Era.”

Sun said Tron (TRX) will be 200 times fast than Ethereum (ETH), 100 times cheaper than EOS, making the blockchain more attractive to Dapp developers.

Tron (TRX) Will Regain Its Position in the Top Ten Digital Currencies in the World, says Justin Sun

The CEO of Tron (TRX) is very satisfied with the performance of the blockchain project. Sun is extremely confident in the project and he said Tron (TRX) will reclaim its position in the list of top ten cryptos in less than six months. Sun said this during a telephone interview with Investopedia, and he is very optimistic about the future of the project.

Tron (TRX) is presently changing hands at $0.02691 after an increase of 12.33 percent over the past 24 hours. The market cap of the coin has also increased to $1.77 billion and its trading volume over the past twenty-four hours is $372.81 million.